PayCargo

PayCargo is the number one financial platform for moving money and vital remittance information between payers and vendors.

For more information about PayCargo, visit paycargo.com

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PAYCARGO LAUNCHES FIRST DEDICATED ONLINE PAYMENT SERVICE SUPPORTING CANADIAN DOLLAR TRANSACTIONS IN CANADA


The Fintech company fast-tracked the launch to meet growing demands for online payments during the Covid-19 pandemic 

Coral Gables, Florida, USA, Thursday April 23rd 2020: PayCargo has launched a dedicated Canadian Dollar online freight payment platform in Canada. Payers now have the flexibility to pay in either Canadian or US dollars for the first time.

The Canada launch, part of ongoing growth and development plans by the Fintech company, was fast-tracked to help customers across the supply chain overcome payment challenges related to the Covid-19 outbreak.

“We have been planning a phased expansion into Canada, and this launch at a challenging time for the industry, completes our move into this vitally important market,” said Lionel van der Walt, President and CEO of Americas, PayCargo.

“We believe this is the first dedicated online CAD freight payment platform in Canada and that it will provide significant benefits for Canadian industry stakeholders, from the small-to-medium enterprises right up to the big players.”

Online payments have become particularly critical during the Covid-19 outbreak, as the global supply chain has had to alter how business is conducted, as workforces adapt to homeworking and social distancing has become standard policy.

The pandemic has also highlighted how unsuitable using cash, checks, vouchers, and traditional POS terminals are, and the value of digital payments.

Among the companies already registered to start using the service are DHL Global Forwarding, DSV, Air-City, Airtime Express, Cargo Airport Services Canada, COSCO Shipping Lines, ECU Worldwide Canada, Menzies Aviation, OOCL, Overseas Container Forwarding, Overseas Container Logistics, Thompson Ahern & Co, Total Express, Shipco Transport, Vanguard Logistics Services, and Yang Ming Shipping.

Users already registered in the PayCargo system and currently processing USD payments in Canada have to register separately to use this new CAD service.

Visit paycargo.com or contact our customer experience team at support@paycargo.com or 1-888-250-7778 for more details.

ENDS

About PayCargo

PayCargo is the number one financial platform for moving money and vital remittance information between payers and vendors.

PayCargo’s online solution allows you to move cargo quicker and reduce payment costs more than any other platform available. Our patented technology effortlessly registers your company so that you can immediately start making payments to your freight vendors.

We have over 4,000 vendors in our network including major ocean carriers, air cargo providers, and hundreds of terminals and CFS stations. Over 1,000 of these vendors release the cargo within an hour after receiving the “Payment Approval” alert from PayCargo. All other vendors release cargo no later than the next morning.

PayCargo makes it as easy as Ship, Click, and Pay.

For more information about PayCargo, visit paycargo.com


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PAYCARGO LAUNCHES FIRST DEDICATED ONLINE PAYMENT SERVICE SUPPORTING CANADIAN DOLLAR TRANSACTIONS IN CANADA

The Fintech company fast-tracked the launch to meet growing demands for online payments during the Covid-19 pandemic

Coral Gables, Florida, USA, Thursday April 23rd 2020: PayCargo has launched a dedicated Canadian Dollar online freight payment platform in Canada. Payers now have the flexibility to pay in either Canadian or US dollars for the first time.

The Canada launch, part of ongoing growth and development plans by the Fintech company, was fast-tracked to help customers across the supply chain overcome payment challenges related to the Covid-19 outbreak.

“We have been planning a phased expansion into Canada, and this launch at a challenging time for the industry, completes our move into this vitally important market,” said Lionel van der Walt, President and CEO of Americas, PayCargo.

“We believe this is the first dedicated online CAD freight payment platform in Canada and that it will provide significant benefits for Canadian industry stakeholders, from the small-to-medium enterprises right up to the big players.”

Online payments have become particularly critical during the Covid-19 outbreak, as the global supply chain has had to alter how business is conducted, as workforces adapt to homeworking and social distancing has become standard policy.

The pandemic has also highlighted how unsuitable using cash, checks, vouchers, and traditional POS terminals are, and the value of digital payments.

Among the companies already registered to start using the service are DHL Global Forwarding, DSV, Air-City, Airtime Express, Cargo Airport Services Canada, COSCO Shipping Lines, ECU Worldwide Canada, Menzies Aviation, OOCL, Overseas Container Forwarding, Overseas Container Logistics, Thompson Ahern & Co, Total Express, Shipco Transport, Vanguard Logistics Services, and Yang Ming Shipping.

Users already registered in the PayCargo system and currently processing USD payments in Canada have to register separately to use this new CAD service.

Visit paycargo.com or contact our customer experience team at support@paycargo.com or 1-888-250-7778 for more details.

ENDS

About PayCargo

PayCargo is the number one financial platform for moving money and vital remittance information between payers and vendors.

PayCargo’s online solution allows you to move cargo quicker and reduce payment costs more than any other platform available. Our patented technology effortlessly registers your company so that you can immediately start making payments to your freight vendors.

We have over 4,000 vendors in our network including major ocean carriers, air cargo providers, and hundreds of terminals and CFS stations. Over 1,000 of these vendors release the cargo within an hour after receiving the “Payment Approval” alert from PayCargo. All other vendors release cargo no later than the next morning.

PayCargo makes it as easy as Ship, Click, and Pay.

For more information about PayCargo, visit paycargo.com